Eleco Plc announce an interim dividend 0.35p per share

DividendMax Ltd.

Eleco Plc announce an interim dividend 0.35p per share

The Eleco Plc Board is increasing the interim dividend by 17 per cent to 0.35 pence per share (H1 2024: 0.30 pence per share).

This interim dividend is payable on 13 October 2025 to shareholders on the Register on 26 September 2025. The ex-dividend date will be 25 September 2025.

Other financial highlights include:

Annualised Recurring Revenue (ARR): £30.7m (H1 2024: £25.8m), an increase of 19% (or 12% on an organic basis)

Total Recurring Revenue (TRR): £14.8m (H1 2024: £12.0m), an increase of 23%, representing 81% of total revenue (H1 2024: 74%)

Total revenue:  £18.4m (H1 2024: £16.3m) an increase of 13%

Profitability

EBITDA: £3.8m (H1 2024: £3.0m), an increase of 27%

Operating profit: £1.9m (H1 2024: £1.5m), an increase of 27%

Profit before taxation (PBT): £2.0m (H1 2024: £1.6m), an increase of 25%

Profit after taxation (PAT): £1.6m (H1 2024: £1.3m), an increase of 23%

Basic earnings per share: 2.0p (H1 2024: 1.5p), an increase of 33%

Adjusted EBITDA: £4.3m (H1 2024: £3.3m), an increase of 30%

Adjusted operating profit: £2.7m (H1 2024: £2.2m), an increase of 23%

Adjusted profit before taxation: £2.7m (H1 2024: £2.2m), an increase of 23%

Adjusted profit after taxation: £2.2m (H1 2024: £1.7m), an increase of 29% 

Adjusted basic earnings per share: 2.7p (H1 2024: 2.1p), an increase of 29%

Companies mentioned